Microsoft founder and philanthropist Bill Gates speaks to the media during an interview regarding his efforts to eliminate polio, Thursday, Sept. 27, 2012, in New York. Through the Bill and Melinda Gates Foundation, Gates seeks to completely eradicate the debilitating disease through widespread coordinated efforts in the very near future. (AP Photo/John Minchillo)
Bill Gates
Microsoft is cutting 10,000 workers, almost 5% of its workforce, as it joins other tech companies in a scaling back of their pandemic-era expansions. The company said in a regulatory filing Wednesday that the layoffs were a response to “macroeconomic conditions and changing customer priorities.” The company said it will also be making changes to its hardware portfolio and consolidating its leased office locations. The loss of employees is far less than how many Microsoft hired during the COVID-19 pandemic as it responded to a boom in demand for its workplace software and cloud computing services as people worked and studied from home.
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